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India Sunflower Oil Shipments Hit by War Disruptions

By Uniquetimesorg October 8, 2026 0

Russian sunflower oil shipments to India are facing cancellations and delays as the Russia-Ukraine war disrupts Black Sea port operations. A 20,000-tonne shipment was reportedly cancelled after damage to port infrastructure, while around 60,000 tonnes of additional cargoes have been delayed. Russian suppliers are now looking at Baltic Sea ports, including St Petersburg and Continue Reading

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India-New Zealand Trade Pact to Take Effect October 20

By Uniquetimesorg September 21, 2026 0

A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian Trade Minister Piyush Goyal said on Monday. The pact comes as India seeks to expand its export markets and strengthen trade ties amid changes in global trade. Under the agreement, tariffs on around 95% of […]Continue Reading

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India’s August Trade Deficit Narrows as Gold Imports Plunge

By Uniquetimesorg September 16, 2026 0

India’s goods trade deficit unexpectedly narrowed to $26.86 billion in August, down from $31.98 billion in July, government data showed. The decline came mainly from a sharp fall in imports, particularly gold, even as merchandise exports slipped slightly from the previous month. Gold imports nearly halved to $2.3 billion from $4.16 billion in July, helping […]Continue Reading

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India to Ban Imports Made With Forced Labour

By Uniquetimesorg July 14, 2026 0

India has announced a ban on the import of goods produced using forced labour, introducing a new measure aimed at strengthening trade regulations and addressing international concerns. According to a notification issued by the Ministry of Commerce, the central government will have the authority to prohibit the import of products found to be manufactured wholly […]Continue Reading

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India Launches Anti-Dumping Probe Into Steel Imports From China, Japan and Russia

By Uniquetimesorg June 27, 2026 0

India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan and Russia following complaints from domestic steelmakers that low-priced imports are harming the local industry. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, initiated the probe after applications from JSW Steel, JSW Vijaynagar Metallics Continue Reading

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India Watches Steel Imports Before Considering New Curbs

By Uniquetimesorg June 23, 2026 0

India will continue monitoring steel imports for at least the next two months before deciding whether additional measures are needed to curb rising shipments, particularly from China. Despite imposing a three-year import tariff on selected steel products last year, the country remained a net importer for the second consecutive month in May, highlighting ongoing concerns Continue Reading

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India Seeks Preferential U.S. Tariffs to Fast-Track Interim Trade Deal

By Uniquetimesorg June 8, 2026 0

India is pushing for preferential tariff treatment from the United States as part of ongoing negotiations to finalize an interim bilateral trade agreement. An Indian trade official said the deal could be concluded once both sides agree on a tariff structure that remains competitive with rates offered to India’s key global rivals. New Delhi is […]Continue Reading

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India Introduces Standard Pack Sizes for Cooking Oils

By Uniquetimesorg June 8, 2026 0

India has introduced new rules requiring cooking oil manufacturers and importers to sell edible oils only in a set of standard pack sizes. The move aims to make it easier for consumers to compare prices across brands and identify the best value when purchasing everyday cooking essentials. Under the new regulation, edible oils will be […]Continue Reading

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Qatar LNG Cuts May Affect India After Iran Strikes

By Uniquetimesorg March 20, 2026 0

India could face disruptions in its liquefied natural gas (LNG) imports from Qatar following Iranian attacks on energy facilities, according to government officials. India relies on Qatar for about 41% of its LNG imports, making it the country’s second-largest supplier, with 11.2 million tons delivered in 2024/25 out of over 27 million tons imported overall. […]Continue Reading

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India’s Trade Deficit Narrows to $27.1 Billion in February Amid Import Slowdown

By Uniquetimesorg March 16, 2026 0

India’s merchandise trade deficit narrowed to $27.1 billion in February, down from $34.68 billion in January, as imports declined, according to data released by the Commerce Ministry. Merchandise exports edged up slightly to $36.61 billion, compared with $36.56 billion the previous month, while imports fell significantly to $63.71 billion from $71.24 billion, helping Continue Reading